Canadian investors get fresh access to international equities plus bitcoin and gold
JP Morgan Asset Management Canada and CI Global Asset Management have launched new exchange-traded fund products on the Toronto Stock Exchange.
JP Morgan debuts international developed equity active ETF
JP Morgan Asset Management Canada has listed the JPMorgan International Developed Equity Active ETF (TSX: JIDE), an actively managed strategy investing in companies across developed international markets outside Canada.
JIDE aims for long-term capital growth by investing in international equities and using a combination of quantitative and fundamental research.
The ETF is part of JP Morgan’s expanding Canadian ETF lineup and has closed its initial offering; units now trade on the TSX.
Globally, JP Morgan Asset Management manages about US$3.8tn in assets as of June 30, 2025.
CI GAM launches Asset Allocation+ ETF Funds with bitcoin and gold exposure
CI Global Asset Management has launched the CI Asset Allocation+ ETF Funds, available as mutual funds and in ETF C$ series on the TSX. The two new portfolio funds are:
- CI Balanced+ Asset Allocation ETF Fund (TSX: CBAP)
- CI Equity+ Asset Allocation ETF Fund (TSX: CEQP)
Both funds invest primarily in fixed-income and/or equity ETFs, including CI GAM and third-party ETFs, with added exposure to non-traditional assets through allocations to bitcoin and gold bullion.
At launch, CI GAM is waiving or reducing management and administration fees until June 30.
For the ETF C$ Series and Series F and P, management and administration fees are 0 percent.
For Series A, the administration fee is 0 percent, and the management fee is reduced to 1.0 percent from 1.20 percent, reflecting the dealer service fee.
After June 30, the management expense ratios will be capped at 0.35 percent for the ETF C$ Series and Series F, 0.15 percent for Series P and 1.35 percent for Series A.
The CI Balanced+ Asset Allocation ETF Fund targets a long-term strategic mix of about 57 percent equities, 38 percent fixed income and 5 percent other assets, with a current target of 2.5 percent each in gold and bitcoin. Its risk rating is low-to-medium.
The CI Equity+ Asset Allocation ETF Fund targets about 92 percent equities and 8 percent other assets, with a current target of 4 percent each in gold and bitcoin. Its risk rating is medium.
